Maybe that made sense 50 years ago when these were poor developing countries that we hoped wouldn't fall into the Soviet orbit. But now these are advanced economies. The EU, if you take the EU holistically, its economy is the same as the United States. These are advanced economies. Why would there be such a massive trade imbalance between two advanced economies, the EU and the United States? That's not sustainable. (25:13–25:19)
CLAIM
Asserts that the EU's economy is equivalent in size to the U.S. economy.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
